Google and Coinbase Establish DAO for Cryptocurrency and AI Integration

Doohyun Hwang

Summary

  • Google and Coinbase have announced the establishment of Aiccelerate, a DAO aimed at accelerating the integration of cryptocurrency and AI.
  • Aiccelerate stated it will promote the development of decentralized open-source AI and support high-potential projects.
  • Emphasizing that AI agents are a significant technological change in cryptocurrency, they announced plans to build a developer community.

Google and Coinbase are set to establish a decentralized autonomous organization (DAO) called 'Aiccelerate' to accelerate the integration of cryptocurrency and artificial intelligence (AI).

On the 9th (local time), Aiccelerate announced via its official X account, "We are an investment and development DAO created by Coinbase, Google, and an open-source AI team," adding, "We aim to accelerate the development of decentralized open-source AI and support high-potential projects."

They further stated, "AI agents are the most significant technological change in cryptocurrency," and "We will also focus on building a developer community to support this."

Meanwhile, Aiccelerate includes participation from several blockchain projects such as ai16z, Virtual Protocol, Eigenlayer, and Story Protocol.

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Doohyun Hwang

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